In the latest updates on the court case between Ripple and the United States Securities and Exchange Commission (SEC), the Magistrate Judge Sarah Netburn, has ordered strict deadlines for the regulatory agency to respond to the crypto firm’s motion. Judge Issues New Scheduling Order On Thursday, April 25, the magistrate Judge Netburn issued a new
Month: April 2024
In the XRP lawsuit, Ripple has filed its opposition to the US Securities and Exchange Commission’s (SEC) motion for remedies and entry of final judgment. The fintech company counters the agency’s for nearly $2 billion in penalties with a proposed fine of just $10 million maximum. Filed late Monday, Ripple’s 186-page opposition document details its
In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States. Ripple CEO Unveils 3-Year Growth Plan When inquired about
As Ripple Labs navigates its legal dispute with the United States Securities and Exchange Commission (SEC), the firm’s Chief Legal Officer (CLO) Stuart Alderoty has weighed in on the general misunderstanding on the lawsuit’s future course, providing transparency on the subject. Ripple CLO Addresses Confusion Surrounding The Case The Ripple CLO Stuart Alderoty provided clarity
Cross-border payment company, Ripple has sent out an urgent message to XRP members and the broader cryptocurrency community. In its message, the payments firm warns about the risks associated with crypto scams and provides valuable information on how crypto members can identify and avoid these types of risks. Ripple Cautions About Scam Activities In a
In the ongoing legal battle between cross-border payments company, Ripple and the United States Securities and Exchange Commission (SEC), a crypto expert has speculated that a possible settlement may be on the horizon. The recent events surrounding the case outlined by the expert, have indicated a progression to a potential conclusion in the case between
The tide may be turning in the highly watched legal battle between Ripple Labs and the US Securities and Exchange Commission. A recent decision by the Second Circuit Court of Appeals could significantly weaken the SEC’s case and bolster Ripple’s defense. The case in question, SEC v. Govil, involved allegations of fraudulent securities offerings by
Bill Morgan, a well-known Australia-based lawyer and entrepreneur has delved into speculations regarding Ripple dumping of XRP to manipulate or suppress its price, debunking the claims and emphasizing transparency in the crypto asset’s management. No Proof To Back Up Claims Against Ripple Morgan’s insights on the subject were triggered by a pseudonymous X user noting
Payment company firm Ripple has announced its foray into the stablecoin market with an imminent launch of its own US dollar-pegged digital currency. This development positions Ripple to compete directly with established stablecoin giants like Tether and Circle, which dominate the $150 billion market. Ripple’s entry into the stablecoin arena signifies a strategic expansion of
A firestorm erupted in the cryptocurrency world this week after Ripple, the company behind the XRP token, announced its foray into stablecoins. The move sparked a public spat with Coindesk, a prominent cryptocurrency news outlet, raising questions about Ripple’s future and the fate of XRP. Ripple Boss Slams CoinDesk Article Ripple CEO Brad Garlinghouse took
Litecoin price is up over 10% and trading above $105 against the US Dollar. LTC could continue to rise toward the $120 resistance zone in the near term. Litecoin is showing positive signs from the $95 support zone against the US Dollar. The price is now trading above $105 and the 100 simple moving average